Indirect Cost Rates - FAR Sections Affected: Subpart 42.7; 52.242-4
Extension without change of a currently approved collection
No
Regular
Approved without change
07/19/2016
06/17/2016
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
07/31/2019
36 Months From Approved
07/31/2016
3,000
0
3,000
6,564,000
0
6,564,000
262,560,000
0
0
The contractorâs proposal of final indirect cost rates is necessary per FAR 42.7, Indirect Cost Rates, for the establishment of rates used to reimburse the contractor for the costs of performing under the contract. The supporting cost data are the cost accounting information normally prepared by organizations under sound management and accounting practices. FAR clause 52.242-4, Certification of Final Indirect Costs, is incorporated into all solicitations and contracts, except for the Department of Energy Management and Operating contracts, that provide for establishment of final indirect cost rates.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.